Gottfried Randy 4
4 · Freshworks Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Freshworks (FRSH) Director Randy Gottfried Receives RSU Award
What Happened
Randy Gottfried, a director of Freshworks Inc. (FRSH), received a grant of 21,253 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports the acquisition at $0.00 per share (award), so no cash was paid. The reported award represents a contingent right to receive one share per RSU upon settlement and is part of the company’s non-employee director compensation.
Key Details
- Transaction type/code: Award/Grant (A).
- Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely).
- Shares/units granted: 21,253 RSUs; reported acquisition price $0.00 (award).
- Vesting: RSUs vest in full on July 1, 2027, except if a director is up for re‑election and not re-elected at the next annual meeting, in which case the RSUs vest on that meeting date.
- How grant size was calculated: number of RSUs equals the grant value divided by the 30-day average closing price prior to July 1, 2026, rounded down (see footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- No 10b5-1 plan, tax-withholding sale, or exercise noted in this filing.
Context
RSU awards to non-employee directors are routine compensation and do not involve an immediate market purchase or sale. Each RSU is a contingent claim that converts to a share upon settlement and vesting; this grant increased the director’s potential future stake but did not change outstanding common shares until settlement. This filing is informational and does not by itself indicate insider sentiment about the company.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-07-01+21,253→ 75,173 total
Footnotes (1)
- [F1]Represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy. Each of these RSUs represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The number of RSUs granted was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2026, rounded down to the nearest whole share. The shares shall vest in full on July 1, 2027; provided, however, that in the event a director is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date.